BRIC troubles scare markets July 8, 2012 INVESTORS have been pulling hundreds of millions of dollars out of stock funds that invest mainly in companies associated with the big four emerging market nations of Brazil, Russia, India and China. But it’s China that is causing most of the worry for investors, amid signs that the world’s second-largest economy is slowing more sharply [...]
Bryan and Raymond take doubles trophy July 8, 2012 American pair Mike Bryan and Lisa Raymond yesterday won Wimbledon’s mixed double championship by defeating India’s Leander Paes and Russia’s Elena Vesnina 6-3, 5-7, 6-4 on Centre Court.
Murray’s on Tsong ahead of semi-final showdown July 4, 2012 BRITISH No1 Andy Murray has admitted he will have to be at his best if he is to advance beyond France’s Jo-Wilfried Tsonga to reach the final at Wimbledon for the first time in his career. World no5 David Ferrer had already yesterday forced Murray to perform to the peak of his powers during his [...]
Profits surge at Omega Diagnostics July 2, 2012 Allergy testing specialist Omega Diagnostics said yesterday its profit had soared by 36 per cent to £1m in the year to 31 March. Revenue jumped by 41 per cent to £11m. Its allergy testing division grew turnover by almost a third to £4.5m, and its food intolerance kits put on 10 per cent growth to [...]
BEST of the BROKERS June 28, 2012 EVRAZ Goldman Sachs rates the steel maker “buy” but has slashed its target price from 700p to 410p. The broker has cut its forecasts for commodity prices, resulting in a four per cent fall in assumptions across the industry this year. However, Goldman remains positive about steel, and thinks Evraz is well-positioned to improve as [...]
LONDON BAROMETER June 28, 2012 DIRECTOR OF DOUGLAS & GORDON The London property market continues to be seen as a safe haven in turbulent economic times, with record numbers of properties being sold to international buyers. Previously international buyers have focused on prime central London, but recently we have seen purchasers from Russia, America and France buying across south-west London [...]
Majestic Murray starts in style as Brits impress at Wimbledon June 26, 2012 BRITISH No1 Andy Murray revealed his delight at his stunning start to Wimbledon after ruthlessly dismissing Russia’s Nikolay Davydenko to underline his potential to challenge for a first grand slam title. Murray defeated Davydenko 6-1, 6-1, 6-4 on Centre Court to dissolve remaining doubts about his fitness and form after a shock early exit from [...]
Citi’s analysts pour oil on BP’s troubled waters June 26, 2012 THE good folk at BP can be forgiven for being a bit miffed with the bankers at Citigroup Global Markets. Citi’s analysts Alastair Syme and Michael Alsford have issued a research note that questions BP’s hopes of realising between $25-30bn for its stake in its Russian subsidiary TNK-BP. The note, entitled “Russian value-release remains a [...]
Get ready for an Olympic summer of cyber attacks June 26, 2012 THE headline-grabbing words of warning from MI5 chief, Jonathan Evans, on Monday night dished up a timely reminder that the City could be in for a nervous summer. The comments, detailing the levels of cyber attacks on UK industry, have raised many eyebrows. It was the first speech from Evans in more than two years [...]
Crowd darlings set for support June 25, 2012 BRITISH No1 Andy Murray and wildcard Laura Robson today begin their respective attempts for Wimbledon success, with the former hoping home support can inspire him to a first grand slam title. “I think that when you look over the years it has normally helped players raise their game by being at home,” said Murray, who [...]